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CFTC and SEC Double Down on Crypto After Clarity Act Defeat

Michael Selig and Paul Atkins pledged to use their agencies’ existing powers to provide crypto regulatory certainty after the Senate failed to advance the bill.

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The signal is based on reporting from Decrypt. The underlying development is being tracked for material changes, additional first-party confirmation and information that changes the scope of the initial report.

The current status reflects the verified evidence available at 2026-09-16 17:17 UTC. Subsequent factual developments will be recorded in the event timeline as the situation changes.

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Michael Selig and Paul Atkins pledged to use their agencies’ existing powers to provide crypto regulatory certainty after the Senate failed to advance the bill.